Signals: Mu 8-7-2026

For those of you who have inquired, the "Yi" is my own proprietary overbought/oversold indicator. A +10 reading generally indicates we are overbought in the overall market, and -4 or a -5 reading is telling us the market is a bit oversold. The "zero line" in between the plus and minus readings will sometimes act as an area of support or resistance, so I tend to keep an eye on that level also. A reading of +20 is extremely overbought, and a -10 indicates the market is extremely oversold.

Thursday, August 6, 2026

Mu 8-7-2026

Yi: +155.15
Attempting to hold the 17: AXP, C
Attempting to hold the 50: GOOGL
Attempting to hold falling trend line support: WDC
Up against falling trend line resistance: LLY
Moderately overbought: ANET, APH, FCX, NVDA
Overbought: AMGN, SCHW
Toppy: BAC, GE, JPM, HD
ABEWISUF: MA
Anything posted may be off base.

Thursday, August 6, 2026

Mu 8-7-2026

No comments:

Blog Archive

Current Moon Phase

About the ancient spirit:

Followers

Subscribe